IIPM going global
According
to the data released by Society of Indian Automobile Manufacturers (SIAM), the automobile sector growth fell by 6.55% as compared to the last year. While the domestic passenger car sales grew by 9.07%, the motorcycle segment experienced a decline of 16.36%during the month of May, 2007. Maruti led the passenger car segment with a growth of 9% while Hyundai lagged behind with a meagre growth of 3.36%. Interstingly, GM escaped the slump due to its new launch, Spark, which resulted in a staggering 95% increase in its sales. In the motorcycle segment, most of the companies like Hero Honda and Bajaj registered negative growth.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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